MARKET UPDATE

February 2026 Market Update

February 18, 2026

Ramadan to Impact Production Schedules Across Key Manufacturing Regions  Ramadan will be observed from February 17 through March 19 this year. During this time, many factories in observant countries will continue operating, but adjusted…

December 2025 Market Update

December 8, 2025

Tariffs Tariffs have surged into the spotlight, appearing in headlines far more frequently than in years past. Until recently, tariff and duty rate updates were typically minor, arising only for…

September 2025 Market Update

August 26, 2025

Tariff Update: What You Need to Know Starting August 7, new tariff rules will take effect for all departing goods. For items sourced from the EU, any rate below 15%…

Pineapple Market Update

June 6, 2025

As we move through 2025, the pineapple market is projected to remain firm with supply constraints impacting availability through the first half of the year. Here’s what you need to…

June 2025 Market Update

June 5, 2025

Ocean Freight Rates  Uncertainty continues to cloud the outlook for summer peak season importing, particularly in the ocean freight sector. In April, many U.S. importers halted shipments from China due…

May 2025 Tariff Update

May 19, 2025

To our valued customers: You have heard about the trade dispute and new tariffs being applied to imports of every kind.  Now in effect is a 10% additional tariff on…

April 2025 Market Update

April 7, 2025

Coconut Worldwide supply of coconut remains tight due to the heavy rains and flooding caused by La Niña. These severe weather conditions have caused shortages of raw materials in key…

April 2025 Tariff Update

April 7, 2025

I want to make you aware of how the Tariff increases announced on April 2, 2025 will affect us, and everyone downstream in our supply chain. Prices are increasing commensurate…

December 2024 Market Update

December 10, 2024

State of Worldwide Supply Chain   Ocean freight rates continue to fluctuate, but have decreased since peak market rates during the summer.  Factories in China will be closing for several weeks…

September 2024 Market Update

August 30, 2024

Maraschino Cherry Crop Winds Down  The Rainier, Imperial Wichita, and Prunus Avium varieties of cherries used to make Maraschino cherries have been harvested in the Pacific Northwest of the United…

July Saffron Market Update

July 15, 2024

The Saffron Market continues to be very strong due to lack of global inventory.  Severe droughts substantially hampered the 2023 Saffron harvest. The average annual harvest is estimated at 500,000-600,000…

July 2024 Market Update

June 18, 2024

  Cherry Harvest Underway The cherry harvest in Europe and the Pacific Northwest of the United States is underway. Early indications are that the crop will be more bountiful compared…